IVV vs PEVC
iShares Core S&P 500 ETF vs Pacer PE/VC ETF
Which is better, IVV or PEVC?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, PEVC over the full window. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PEVC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.85% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 4.02% |
| Holdings | 508 | 215 |
| YTD Return | +11.03% | +11.13%Best |
| 1Y Return | +15.62%Best | +13.17% |
| 3Y Return (annualized) | +20.81% | - |
| 5Y Return (annualized) | +12.61% | - |
| Volatility (annualized) | 13.3%Best | 19.9% |
| Max Drawdown | -18.8%Best | -28.9% |
| $10,000 over 1.6 years | $12,815 | $13,090Best |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Feb 3, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 3, 2025 to Sep 16, 2026 (1.6 years).
IVV vs PEVC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
IVV vs PEVC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer PE/VC ETF (PEVC) is an ETF from Pacer ETFs. Over the past year IVV returned +15.62% while PEVC returned +13.17%. Year to date, IVV is up 11.03% versus a gain of 11.13% for PEVC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEVC has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.3% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -28.9% for PEVC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while PEVC charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.02% for PEVC.
Holdings Overlap
At least 81.5% of IVV's money is in holdings PEVC also owns.
Stated as a floor: for PEVC, our book for it covers 89.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of IVV is already inside PEVC. Owning both mostly buys the same companies twice.
200 positions in common, counted across the 490 positions we hold weights for in IVV and 223 in PEVC, against full books of 508 and 215.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PEVC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 3.02% | 5.05% |
| AAPLApple, Inc | 7.02% | 2.86% | 4.16% |
| MSFTMicrosoft Corp | 5.69% | 3.96% | 1.73% |
| GOOGLAlphabet Inc,class A | 3.00% | 4.02% | 1.02% |
| AMZNAmazon.Com Inc | 3.84% | 2.46% | 1.38% |
| METAMeta Platforms Inc | 1.90% | 3.97% | 2.07% |
| AVGOBroadcom Inc | 2.65% | 2.49% | 0.16% |
| MUMicron Technology, Inc. | 1.63% | 1.95% | 0.32% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.39% | 2.09% | 0.70% |
| MAMastercard Inc | 0.72% | 2.45% | 1.73% |
81.5% of IVV is already inside PEVC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PEVC?
IVV has an expense ratio of 0.03% while PEVC charges 0.85%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, IVV or PEVC?
Over the past year IVV returned +15.62% vs +13.17% for PEVC, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +16.77% vs +18.33% for PEVC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PEVC?
PEVC has been the more volatile fund at 19.9% annualized versus 13.3% for IVV. Worst drawdown: IVV -18.8% vs PEVC -28.9%.
Should I hold both IVV and PEVC?
IVV and PEVC have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and PEVC?
At least 81.5% of IVV's money is in holdings PEVC also owns. Our book for PEVC is partial, so the real figure is this or higher. They hold 200 positions in common, counted across the 490 positions we hold weights for in IVV and 223 in PEVC.
Which pays a higher dividend, IVV or PEVC?
IVV yields 1.06% while PEVC yields 4.02%, so PEVC currently pays the higher dividend yield.
Is PEVC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, PEVC over the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.